Corporate Tax Comparison

Philippines vs Vietnam

Compare Philippines and Vietnam corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Time of Update — Philippines: 4/06/2026 · Vietnam: 4/05/2026

Base Country/Region

Compare Country/Region

Compare Corporate Tax

Philippines

Vietnam

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Time of Update — Philippines: 4/06/2026 · Vietnam: 4/05/2026

Corporate Income Tax (CIT)

Philippines

Vietnam

General CIT Rate:

25%

General CIT Rate:

CIT Return Due Date:

Quarterly return: Within 60 days from the close of each of the first three quarters. Annual return: On or before the 15th day of the fourth month following the close of the taxable year.

CIT Return Due Date:

For CIT finalisation, the due date is the last day of the 3rd month of the following financial year.

CIT Payment Due Date:

On the 15th day of the fourth month following the close of the taxable year.

CIT Payment Due Date:

The same as the deadline for submission of the final CIT return (i.e. the last day of the 3rd month of the following financial year).

CIT Estimated Payment Due Date:

Quarterly instalments paid within 60 days after each quarter.

CIT Estimated Payment Due Date:

Quarterly payments must be made no later than the 30th day of the next quarter.

Withholding Tax (WHT)

Philippines

Vietnam

Resident Withholding Tax (Dividend/Interest/Royalty):

25/20/25

Resident Withholding Tax (Dividend/Interest/Royalty):

0/5/10

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

25/20/25

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

0/5/10

Value-Added Tax (VAT)

Philippines

Vietnam

General VAT Rate:

Learn More

Value-Added Tax (VAT)

General VAT Rate:

10%

Learn More

Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Philippines

Vietnam

General Capital Gain Tax Rate:

If the net capital gain is within P100,000, the applicable tax rate is 5%, and the excess is 10%.

General Capital Gain Tax Rate:

Vietnamese companies: capital gains taxed at the standard 20% CIT rate. Foreign sellers: from December 15, 2025, capital transfers generally subject to 2% CIT on sale proceeds. Securities transfers by foreign entities: 0.1% CIT on total sales proceeds.

Effective Tax Rate (ETR)

Philippines

Vietnam

Composite Effective Average Tax Rate:

Composite Effective Marginal Tax Rate:

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